New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-22
BOOMS EAST AND WEST.
ACTIVITY IN BUSINESS AND POLITICS.
THE STIR PEOPLE ARE MAKING IN REAL ESTATE,
RAILROADS MINES AND PuRIIC AFPAIRS

are inclined to talk freely about what they call tne
lethargy of the East compared with the enterprise
and business growth of the West f. L. Roudebush,
who is engaged in promoting mining ventures IN
California, says The only dull place have found
in this country in extensive travels during the past
two years is IN New-York IN Wall Street The whole
West is aglow with business, Kansas, Missouri,
California Colorado and Nebraska all looming up
They even have the land fever down South. Yet
NewYork is slow and ioddng. There used to be lie
enough Wall Street. but it seems to have died out
There has been a wonderful serie. of land booms all
over the West Kansas City was an example at one
time and is still leading factor. Omaha got the
fever, fnd town lots there doubled rapidly in price
Minneapolis and st. Paul have been notable examples.
Denver property has gone 10 fabulous prices III
the out the Pacific Coast around San Francis
co and in Southern California. The state OF
things has existed in few towns in the South like
Chattanooga, Atlanta and Birmingham. You cannot
travel anywhere IN the West and Southwest that
rapid rises In values increase in business aud remark
able prosperity not presented TO view. 1t is only
when you get around to New-York that you find any
growing"
Mr. Roudebush was asked about the talk which is
heard everywhere among the Pacific Coast people
about the renewal of mining prosperity when he said
There IS no question but that mining affairs are
getting into better shape and looming up Ii comes
largely from the Improvement in machinery which
enables ow-grade ores to be worked at q profit
Mining men will now take hold OF properties which
twenty years ago would not have been considered
worth working There time when only bondnza
strikes considered worth working. Now men
are satisfied with smaller profits which may be made
by improved machinery working OF the low
grade. There will I've great deal OF money made In
the legitimate processes OF eliminating gold from
these ores and the business will be conducted on
something like business principles than in the
early speculative days"
New-Yorler who Ia much interested in tho tariff
is Le Grand B. Cannon. He Is heavily engaged IN
coal and iron enterpr ses, especially IN the Delaware
and Hudson Canal Company railroad and mines
Probably lew men in New-York do moro executive
work IN q day than Mr.. Cannon. Among his numerous
other trusts he Is a member OF the American Pro-
teotive Tariff League. When met uptown the other
day no said Our League will accomplish sDme
great work next year. We have startod among other
things list O! 900 If subscribers who pro-
pose to pay $lCO year toward the support OF the
League as educational organization. We have
already such start this list that sc are certain OF
accomplishing the desired result We will be able TO
make great demonstration OF the strength and force
OF tho organized protective tariff interests when the
Congrcssion elections of next year. We pro-
pose TO put series OF ntcrrogations TO every man
that is nominated. Ii he refuses 10 answer them
or cannot them satisfactorily propose to lay
him out Party politics will not enter into zoe ques
tion at all 1t sill simply 10 question whether the
man Is q friend OF protective tatih or not"
Once dcadhead, always q deadhend,' the long
recognized rule has received serious blow through
tho Interstate Commerce law, under which railroad
passes navo been inierdicted. There has been much
schemng among former possessors OF these favors to
retain them. Tho solldest OF schemes Is to organize
railroad company he officers Of which may exchange
passes with other companies am told that already
a score OF paper companies have been organized by
the avOritos of great railroad companies IN order TO
secure passes w r. Shinn, vice-presdent OF tho
New-York and New-EngAnd Railroad, remarked yes
terday that this reminded him Of an episode In the
oil history OF PcnnsyyDua, when pipe lines we're bret
organized. An operator named Henry Harley organ.
| lied a plpe line company Of which he elected
president lie wrote TO tho presidents OF various rail-
roads askng for passes "a reciprocal favor Cnder
the impression that o pipe line was some kind oil
railroad, large numbers OF them responded, and
! Harley rode free fOT several years
Montana has a large copper interest Copper has
gone do II in price until the margin OF profit has
boon YER, small. Ex-Governor $. I. Hauser. OF
Helena observes that point; The occasion for tho
tall in price has been eight between tho Calumet and
Hecla mines and the big mines in Montana We have
been saved 10 the fight through the of electricity
to separate the silver from the copper by electrical
inventions we go an average OF sixty ounces oil silver
Q cents . pound the copper. We haze no tear OF
any competition In copper iron Canada. The trouble
has been the contest have mentioned"
A friend OF c. p. Huntington says that during his
foreign trip it is Mr.. Huntngtons intention TO mako
isye inquiries Into the history OF the progress OF
lues of travel and OF the advancement vi civilization
by subsides given great corporations. He thinks
as do" said his friend, that he will bo able to
demonstrate that NJ step in the worlds progress has
ever been made against which the Same hue and cry
has not been raised that il now being hurled at
called mOnopoes In this country
Ex-Governor andrew G.. Curtin, Of Pennsylvania,
who was recently at the ST. James Hotel, looks
sideraby lesa worn when he here at the
close OF the Congressional session. Tho Governor
counts himself out OF politics. and says that his years
demand rest and retirement. Nevertheless. no taxes
the liyclest kind OF interest in what Is going on, and
talks unhesatngly about the Presidential outlook in
1885 He says that the Democratic delegation from
Pennsyvania will be solid tor Mr.. Cleveland, and that
in his Onion Mr. Cleveland will DO renominaed by the
unanimous vote of tho convention He docs not think
that Governor Hill has a ghost OF chance, III
Nev.York az against President Gle yeand In regard
"a, Republican politics, Governor Curtin says that Mr.
Blaine holds the kew TO the situation. lie is good
man, and should have the confidence OF tho business
men," said he. He has tho strength OF his party at
his back in Pennsylvania as well as over tho country
There are some Sherman mon In our State, but Mr.
oine Gan carry tho State delegation If he desires IT,
| / sbould saw that Sherman would he next to Blaine
| the strongcst candidate tho Republicans could
nominate. But my belief IA that the firm and conscen
tons manner ia which President Cleveland has per
formed his duty will inspire such confidence in tho
people that they will elect him against any Repub
| lican."
Penpsylv Ohio and Indiana not to enjoy
| natural gas discoveries entirely alone. IL seems
probable that the Hamilton shale which exists through
NegYork State aud has been noted as everything tie
gas deposits IN States similar reservoirs
here. Among the who have been recently in this
CITY from the interior Is ex-Statc Senator \. VI.
Holmes who lives at MOrrsve, the county seat OF
Madison County. Worthwhile is sleepy town,
because railroad lines have been around it with
out going through Il. Recently Pennsylvania who
knew something OF oil and gas fields paid IL visit
Morrisyille and while there became mbued with the
idea that Gas or oil could be found by boring Senator
Holmes says that spot was selected about milo
below the town and boring begun At > O'clock
evening last week the borers struck vein OF gas
which threw the derrick and tools up into the air and
IN 80 doing broke lighted lantern hung on the der
rick The result great hamc shooting up into
tho air which 1t took several days to stop. The